INDQ vs. INDY
INDQ (Pacer ActiveAlpha India Quality ETF) and INDY (iShares India 50 ETF) are both India Equities funds. INDQ is actively managed, while INDY is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. INDQ charges 0.88%/yr vs 0.65%/yr for INDY.
Performance
INDQ vs. INDY - Performance Comparison
Loading charts...
Returns By Period
INDQ
- 1D
- -0.53%
- 1M
- -0.66%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
INDY
- 1D
- -0.91%
- 1M
- 4.80%
- 6M
- -10.83%
- YTD
- -11.36%
- 1Y
- -12.48%
- 3Y*
- 1.88%
- 5Y*
- 2.70%
- 10Y*
- 6.46%
INDQ vs. INDY - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
INDQ Pacer ActiveAlpha India Quality ETF | 3.17% |
INDY iShares India 50 ETF | 3.44% |
Correlation
The correlation between INDQ and INDY is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 1, 2026 | 0.78 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
INDQ vs. INDY — Risk / Return Rank
INDQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
INDY
INDQ vs. INDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer ActiveAlpha India Quality ETF (INDQ) and iShares India 50 ETF (INDY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| INDQ | INDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.86 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.68 | — |
| Martin ratioReturn relative to average drawdown | — | -1.42 | — |
Loading charts...
Drawdowns
INDQ vs. INDY - Drawdown Comparison
The maximum INDQ drawdown since its inception was -6.55%, smaller than the maximum INDY drawdown of -44.74%. Use the drawdown chart below to compare losses from any high point for INDQ and INDY.
Loading charts...
Drawdown Indicators
| INDQ | INDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.55% | -44.74% | +38.19% |
Max Drawdown (1Y)Largest decline over 1 year | — | -18.37% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.40% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.50% | — |
Current DrawdownCurrent decline from peak | -6.09% | -17.24% | +11.15% |
Average DrawdownAverage peak-to-trough decline | -3.21% | -12.25% | +9.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.82% | — |
Volatility
INDQ vs. INDY - Volatility Comparison
Loading charts...
Volatility by Period
| INDQ | INDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.94% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.56% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.86% | 14.38% | +5.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 15.00% | +4.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.86% | 19.50% | +0.36% |
INDQ vs. INDY - Expense Ratio Comparison
INDQ has a 0.88% expense ratio, which is higher than INDY's 0.65% expense ratio.
Dividends
INDQ vs. INDY - Dividend Comparison
INDQ has not paid dividends to shareholders, while INDY's dividend yield for the trailing twelve months is around 9.39%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDQ Pacer ActiveAlpha India Quality ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INDY iShares India 50 ETF | 9.39% | 8.11% | 0.24% | 0.38% | 3.75% | 7.12% | 0.08% | 0.58% | 0.55% | 0.27% | 0.48% | 0.57% |
Frequently Asked Questions
INDQ and INDY have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, INDY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
INDY is cheaper with a 0.65% expense ratio, compared with 0.88% for INDQ.
INDY has the higher dividend yield at 9.39%, compared with 0.00% for INDQ.
They also come from different issuers: Pacer and iShares. Their fees differ too: 0.88% for INDQ and 0.65% for INDY.
Find the right allocation for INDQ and INDY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer